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20131202
20131210
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English 48
Search Results 0 to 47 of about 48 (some duplicates have been removed)
CBS
Dec 5, 2013 12:00pm EST
house. president obama is renewing his call to raise the minimum wage. >> making sure our economy works for every working american. >> reporter: the national restaurant association says most fast food workers are happy and labor unions are staining these demonstrations. >> you cannot be an employee and be demanding salary based on your needs. salaries have to be based on the economy and what the economy in the area can bear. >> reporter: organizers say they are planning more protests in the future. danielle nottingham, cbs news, washington. >> well, the stars sure came out last night in rockefeller center. the christmas tree is now in place. mayor michael bloomberg turned on the lights that illuminated a dazzling display of 45,000 multicolored led lights. it's a 76-foot spruce tree from connecticut. it is part of a ceremony that dates back to 1933. this tree you see here will be on display till january 7. afterward it is will be milled into lumber and it will be donated to habitat for humanity. >>> the holiday decorations are up inside the white house. first lady michele obama helped us
CNN
Dec 7, 2013 3:00am PST
. >> good economy. >> a better economy. a lot of people say they don't feel it. a better than expected jobs report pushed the dow nearly 200 points higher on friday. >> you know why 203,000 jobs were added to payrolls in november. way better than expected. the jobless rate, that ticked significantly lower to 7%. that is the lowest it's been in five years. we have more on how it's affecting wall street. good morning, zain. >> well, poppy and victor, it was a big week for the economy. car sales rose, new home sales soared and friday, unemployment rate druopped to 7%. that's the lowest since 2008. earlier this year, unemployment declined a lot of people got discouraged and weren't counted. the economy has added more than 2 million jobs this year, the best since 2005 and the gains not just in low-rate sectors. a lot in education and health care, professional services like accountants and travel agents. and hiring in manufacturing is strongest since last year. wages are up and americans are working less hours. the list goes on. the report pushed the dow up 200 points friday. the federal reserve
CNN
Dec 6, 2013 2:00pm PST
in jobs. does president obama deserve credit for improving the u.s. economy after a surprisingly strong employment report? i'm wolf blitzer. you're in "the situation room." >>> a ten-day mourning period is under way for one of the most influential leaders of our time. we're learning more about the final tributes to nelson mandela. stand by for that, and for my special conversation with the former president, bill clinton. he reveals a time when he and the south african president didn't see eye-to-eye but first, the breaking news we're following. >>> a brutal winter storm turns deadly. at least four people have been killed on icy roads in the southern u.s. we're seeing a dangerous mix of snow, sleet, freezing rain and bone-chilling cold, and it's creating hazardous conditions from texas to tennessee and beyond. now a one-two punch of weather misery is on the way, affecting both coasts from now through monday. we have team coverage beginning with our meteorologist jennifer gray at the cnn weather center. jennifer, what's going on? >> well, we are getting that one-two punch. we have this on
CSPAN
Dec 5, 2013 6:00pm EST
that continues to maintain the availability of inexpensive natural gas that strengths the economy as well as help us reduce air emission. >> i appreciate that. i think it seems like a reasonable response. someone who asked you environmental law far long time. please, do what you can to work with the administration. so we don't have overlapping of potentially inconsistent regulations. very frustrating for the public. we want it to be done responsibly and in a way people can understand. thank you for being here. thank you, mr. chairman. >> thank you, mr. peters. >> the gentle mab from arizona. >> thank you. i only had two things i wanted to walk through. everyone in the committee with us here yesterday. i'm sorry, you're going hear the same stheem again. the large data bases that are used particularly in things like pm10 which is a big deal in the desert, southwest we have the thing called dirt. without grass on it. so it really does affect our lives. down to the individual -- because you and i know with all other type of data. you are a social an throw polks when you were being vetted and doing y
CNN
Dec 6, 2013 4:00pm PST
in the economy has nothing to do with washington. i would note that there are a lot of people if anything goes wrongs, they want to blame the president. if anything goes right, they say he had nothing to do with it. but i think broad trends are influenced by policy but no one month's job numbers are really influenced by policy. >> that is a very realistic view of thing and i applaud austin for saying it. if there were magic levers, we would have seen these kinds or better historically large job numbers. when they passed any of the thing the administration did. that's not how it works. and they will get blamed for bad things and credit for good things and that's why the president is dancing. >> one of the issues with these job numbers is that the jobs being created are not the kinds of jobs that economists say they would like to be seen being created. they are low wage jobs, retail jobs. what is your thought about that? >> well, i think two things. the first thing that i note is there was a time when there were people saying all the jobs being created were part-time jobs. and this has put the n
FOX News
Dec 5, 2013 10:00am PST
are not tone agers flipping burgers. is the better cure to improve the economy in general. you have to remember in the past 20 years or so. we hiked the minimum wage ten times federally. and since 1956 it was done five times. and we looked at businesses. i immediately looked at 15 year stock charts. i picked mcdonalds. and we look at stocks and how they perform. they inform people at minimum wages and both of their stocks hit all- time highs and that is since they were publicly traded since the 80s. and minimum wage hurts people. people say costs go up and the prices get more expensive. and the dollar menu goes away. and then the supporters. believe it or not costco was supportive of raising minimum wage but not to $15. >> it is a bug jump from $8 to faep. >> and especially for the small business. >> john boehner was talking about it this woke. he believes what? if you raise the unemployment minum wage. >> you get less jobs and fewer jobs, exactly. and that has been more of a conservative view point. but there are conservatives, and the state of new jersey run by chris christie and their state
FOX News
Dec 4, 2013 11:00am PST
you are having a great day. we are live now at the white house. earlier today he turned to the economy calling the growing income gap a defining challenge of our time. chief white house correspondent ed henry is with us. >> this is a president who has been struggling in dealing with the health care law. how does he do that. partly by rallying in this political base. before the liberal group center for american progress. that is another key part of his base. they helped elect him and get those young people out there talking about the health care law and talking about what you said he wanted to really stress at this economic speech which is what he calls the defining issue of our time. listen to this. >> if republicans have concrete plans that will actually reduce in equality and build the middle class let's hear them. i want to know what they are. if you don't think we should raise the minimum wage, let's hear your ideas. >> you hear the president there calling out republicans on the hill. he did that yesterday when he tried to reboot the health care law. he was doing the same here on t
Al Jazeera America
Dec 2, 2013 11:00pm EST
for the economy. air amazon, geoff bezos is floating the idea. we will ask an expert if the drone delivery service is really coming to your doorstep. >>> picture this: sweeping scenes and deeply personal moments. tonight, the most extraordinary images of the year. >> there is much we do not know about yesterday's deadly train derailment but we know this. it was traveling at an extraordinary rated of speed, almost three times the limit as it approached a dangerous term. several cars jumped the track leaving the scene of devastation. four passengers were killed. scores injured. investigate orders are trying to figure out what went wrong and why. jonathan martin has the latest. >> reporter: the question remains now: was this caused by operator error or some sort of mechanical error on the brakes. we know from the ntsb, speed was a factor. >> that's something that was reported early on by passengers and witnesses. investigators with the national transportation safety board say they now know the commuter train was going too fast as it approached a curve. >> the preliminary information -- let me emph
MSNBC
Dec 5, 2013 12:00pm PST
, they won't need social services, and the economy, the system will be paying less into social services as a whole. so 50 cents for a burger is really not that big of a deal. >> all right. nbc's katy tur, thank you for that report. i want to now bring in an associate professor of economics at umass. he also penned "the new york times" op-ed "the minimum we can do." he says, while we can set a wage floor using policy, should we, or leave it to the market. thanks so much for joining us. >> thanks for having me. >> so i wanted to start, one of the things i thought was interesting in your op-ed is you talk about the fact we used to have a variety of mechanisms for setting the wage. it wasn't just up to employers. some of those mechanisms have gone away over time. explain that. >> yeah, for most of the post-world war ii era, wages in the u.s. were set using a combination of things like the minimum wage as well as collective bargaining, unions, who actually used to help set wages together with employers. that is not the case today. unions and the private sector have virtually disappeared in m
CNBC
Dec 4, 2013 3:00pm EST
industry in this u.s. economy? >> well, no, i wouldn't say so because if you look at the housing market today, we just saw that story, i agree. i don't believe those new housing sales numbers. overall, the single family construction market is still completely in a slump. you can blame that completely on the fact that it's very hard to get credit out there in the housing market today. and that's really suppressing what should be a big boost to the overall u.s. economy. so, we're really suffering as a result of this. it isn't helping. >> guys, thank you. >> this is only going to make it worse. >> appreciate your thoughts. have a good convention. >> thank you. >> thanks, guys. we now have a little more than half an hour to go before the close. we're keeping a close eye on markets as we head into the close. >> we're coming bang here. >> about 34 points. more than 1030 points at the low. >> we'll see if we can come back in the last half hour. why did merrill lynch fail back in the crisis, you ask? former president of merrill lynch international is out with a new book with never before reveal
CNN
Dec 5, 2013 1:00pm PST
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and our networks are getting crowded. but if congress, the fcc, and the administration free up... more licensed wireless spectrum, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. so when my moderate to severe chronic plaque psoriasis them. was also on display, i'd had it. i finally had a serious talk with my dermatologist. this time, he prescribed humira-adalimumab. humira helps to clear the surface of my skin by actually working inside my body. in clinical trials, most adults with moderate to severe plaque psoriasis saw 75% skin clearance. and the majority of people were clear or almost clear in just 4 months. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of c
KRON
Dec 3, 2013 5:00pm PST
everyone is a winner here. gm, ford,and more... our economy we have to have the auto working. because the rest of the economy will fall in place. >> jacqueline: and definitely on the chilly side today. but it will get colder temperatures money in the upper 40's floor 50 sprit but we are heavy handed for twenties tonight. had it down to the south still seeing a few lingering snow shoppers. clear skies here locally so the cold temperatures will lead to a frosty conditions for most of the bay area and freezing conditions for the north bay north and inland valleys. temperatures are struggling to get into the fifties. rain will return to the forecast by friday. throughout much of the bay area san francisco will be the only place not under the freeze on morning. again widespread frost. also subfreezing temperatures. here is a look at futurecast widespread 20's and 30's. we only have slightly conditions. >> jacqueline: temperatures in the 40's struggling to get into the fifties. first let's look at the morning low temperatures. freezing in concord 28 in santa rosa and in napa 35 for half moo
CSPAN
Dec 6, 2013 4:00am EST
economy. it is an important part of our way of life. host: this has been an ongoing saga over this farm bill. back in january of this year, the congress extends the farm bill until september 30. senate passes the farm bill, house passes its own farm bill. what is holding up negotiations? guest: we have been working on it for over 2.5 years. we have had a number of hearings. bringing experts in, learning a little bit more about what is working, what is not working. then we went through the normal process here it we collect regular order in congress. going through the committee process. in the house and the senate. we took those to the floor. the first version of the house bill did not pass the house floor. we divided the baby, so to speak, and did it into pieces. when you do regular order, we have allowed people to provide minutes. we have a lot of debate and discussion. i think we are closing in on getting a good farm bill. host: where will you come down on food stamps? the house republicans wanted $40 billion cut over 10 years. the senate, $4 billion. guest: first, let me say this. it
ABC
Dec 3, 2013 5:00pm PST
children to build their own businesses because later on we want to change the economy. even out distribution between low, middle and high income. >> when >> if you ever played sims it works the same way. idea won as vad vido game award of the year. >> forget right brain left brin thinking. researchers at university of pennsylvania yoused brain imaging to show how brain cells are connected. this is a male brain. compare that to women. panning down here, they're more concentrated. researchers say this shows women are hard wired for thinking and men hard wired for perception and action. showing a woman is likely to use her entire brain the man uses just half of his. >> half on a good day. >> coming up, operation santa hod ewelcome to covered california. now, you can no longer be denied coverage because of a pre-existing condition. enroll today at coveredca.com. >>> coming up, third time is a charm. how michael finney was able to give a woman a wheel share she needs >> and efforts to build a car in a day the company promising a finished product by 6:00. be sure to see if workers mak
CNN
Dec 5, 2013 11:00am PST
's stay on the economy. we learned today it grew more than anyone thought in the third quarter. the value of all the goods and services produced right here in the united states grew add an annual rate of 3.6%. that's great news. when you look at the stock market, let's take a quick peek. it's down just about 50 points. zain asher at the new york stock exchange for us. if we're talking gdp and that is up, why isn't the stock market mirroring that? >> well, what might seem like good news to you and i is certainly not good news to traders on the floor. yes, gdp coming in pretty strong, 3.6%. certainly the best reading we had since the first quarter of 2012 when it came in at 3.7%. the problem is when you have good, strong economic numbers like that, people sort of start to begin to have a meaningful conversation about tapering, about the possibility of tapering happening sooner than expected, especially when the strong data is in line with other pieces of strong data we have gotten this week. jobless claims down by 23,000. also new home sales as well, good car sales, good strong numbers from
CNN
Dec 6, 2013 3:00am PST
on that. >> hi there, kate. let's talk about the jobs report in a moment. your economy is three things, jobs, investments and housing. we think of it as the three corners of the triangle. you need all of those for your personal finances and to grow your wealth. small businesses, they seem to be hiring more than the big businesses are by the way. auto sales have been up. you have the signals that are showing the economy doing a little bit better. >> when you're talking about the economy doing better, let's talk about housing. you say there's good news there. >> that's one very important part of your finance triangle. 3% home growth is what zillow was forecasting. mortgage rates moving up, 4.46%. that's not necessarily bad. why? it says the banks might start writing more loans next year. >> historically they're still very low. >> very low, absolutely. anything under 5% is still very low. >> good news. why is the stock market still stalling? >> that's interesting. five down days for stocks over the past week. your 401(k) is up double digits this year, no question. you've seen really good
Al Jazeera America
Dec 5, 2013 6:00pm EST
a the economy became the most famous prisoner in the world. the powerful international condemnation, and growing domestic unrest chipped away atar par tide until finally mandela was released from prison. it was february 11th, 1990, the streets flowed with joy. vowing never to go back to what he called the black held of apartheid. i have spoken about in my lifetime. your brothers, your commitment, and your discipline. has released me to stand before you today. >> but freedom wasn't easy. mandela negotiating with president fw declerk to reform the government had to play peace keeper, trying to temper escalading violence anc, and supporters of the freedom barty, who wanted no part of negotiations with the government that had helped him down for so long. thousands were killed in black on black fighting. also, his marriage to winny mandela, a powerful political force herself was crumbling, the woman who supported him so publicly during the long years of incarceration was accused of having affaired and being linked to some of the violence in south africa. they finally deviced. through it all, he led t
ABC
Dec 4, 2013 5:00am PST
house says president obama is preparing to deliver a speech on the economy including renewing the call for increasing the minimum wage. the president plans to argue the case that income inequality and wages not moving up are threatening retirement security. the current federal minimum wage is $7.25 and higher in california. polls show the economy remains the single biggest concern for americans despite the recent focus on health care. unemployment is high at 7.3 percent. >> nothing unusual about seeing windows where you go but did you know that microsoft considered getting into the lingerie business? >> no. efforts are underway to avert another government shut down. now we have the bloomberg business report from jane king. >> good morning, never thought microsoft and bra would be in the same sentence but here it is. first, though, possible progress inives to avoid another government shut down. budget negotiators are close to a zeal where democrats will raise fees for airline passengers and republicans grow we do more federal spending. the deal is finalized and provide a framework for a
ABC
Dec 5, 2013 5:00am PST
. >> workers take the jobs because they are desperate in an economy that is not creating enough work for people with want to go to work and not creating enough middle class jobs. >> this is the demonstration in oakland back if october and if the minimum wage went up to $15 food prices would go up and there would be fewer jobs. last month, president obama said he would back a senate measure to raise the federal minimum wage to $10.10 an hour and san francisco and san jose heard pay $10 or more an hour. >> a report card is due for bart police show how well they have implemented changes in the wake of the oscar grant shooting five years ago. bart police will receive grids -- grades on 55 changes recommended with calls for bart miss to improve rider state, increase visibility, and provide proper training to employees. the bart board will be briefed on the train break down in the berkeley hills tunnel and consider bart fare changes. >> the agency that oversees development in the san francisco way has launched a remain for am investigation into google secret barge at treasure island. right ares is re
CSPAN
Dec 2, 2013 2:30pm EST
necessary to help our economy grow. that would make the right choices when it comes to how we fund the variety of things the boat -- government does. i do not have a rubber support on that except that we certainly agree with those republican leaders who have said since the debacle that they impose on the american economy ended, that they will not do that again. >> he came up and said that the shutdown was overcoming was while it happened again, and he said no. what is the white house doing to prevent that? >> again, i would refer you back to that experience./ we asked for nothing in return for keeping the government open. when itmade clear that comes to budget deal, to make a reasonable compromise to make sure that the economy grows faster, create more jobs for the middle class and it is more secure. that we make the kind of investments that help our, grown not just now but in the future. the only side in this ideological debate, or this debate that has been put forward as a copper has a plan that -- a copper has a plan that has included the development over the past couple of year
CSPAN
Dec 8, 2013 11:25pm EST
out so much money or making vitally important decisions for huge sectors of the economy. there just wasn't as much to be gained as there is now. yes sir. i'm sorry. i wasn't even looking. please go ahead. >> i am from ucla and i thought it was funny that you brought up the great congresswoman janet napolitano. my question must be mentioned how she used to this kind of scheme to make money. >> not related to congresswoman janet napolitano, no. >> i hurt you in the past talk abouthatthe investments that cos people make based on their policy choices and i wondered if there was any development with regard to that and whether there's been any legislation passed through on that. >> that's a great question. yes in my last book i looked at the fact that politicians were in a position where an effect they could engage in insider trading and you had members of the senate armed services committee who were deciding what the procurement is going to be of the military budget, which weapons systems are being bought and that they are free and often do trade stocks in the same defense companies. the
KRON
Dec 7, 2013 7:00am PST
fell to 7%. the strengthening economy is good news for the president. but he may not be getting much credit for this because so many working americans are not feeling any improvement. >> reporter: it's more proof that the u.s. economy is heating up. according to the latest job reports, 203,000 people found work in november and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that that the economy grew in the third quarter faster than it was initially thought and it's no wonder that the white house wants monther. but analysts warn this warming trend is leaving too many americans out in the cold. >> if you're wealthy, you're feeling it. if you're in the middle or the lower end of the economic spectrum, you aren't. >> reporter: just look at the numbers. while the economy has recovered millions of lost jobs since the great recession, 6 in 10 americans say things are going badly in the country that's because with this recovery, there are two americas, wall street is booming, ending the week on a strong note. even as fast food workers were marching in the
CSPAN
Dec 3, 2013 8:00pm EST
of them. head of the liberal party varying associate results. and the facts are there. the economy is growing. average of a %. we have been creating jobs for 40 months in a row. we have a performance of 40 months month after month the unemployment rate coming down. we is can say very proudly that colombia created more jobs than any country. formal jobs instead of informal jobs. not only that, we have put in place specific public policies and taken action to fight poverty and extreme poverty. and besideses peru, which has been the country that has performed better the whole region in term of decreasing property. against the extreme poverty. we have been able to take on extreme poverty. and not only that, one of the big problems we had one of the bottle neck for our sustainability long run was how unequal the country was. the social injustic of the country. we were the second most unequal country in the whole latin america. and we said we were going to break this trend we've had for so many years. where by the economy grew but also the inequality grew. the rich became richer. the po
CBS
Dec 5, 2013 7:00am PST
of our time making sure our economy works for every working american. the opportunity gap in america is now as much about class as it is race. that gap is growing. so if we're going to take on growing inequality and improve upper mobility for all people, we've got to move beyond the false notion this is an issue exclusively of minority concern. >> good morning major garrett at white house. >> reporter: good morning charlie, norah, viewers out west. he gave the speech of what he believes an obsession republicans have to prosperity. the white house disagrees on this issue coming front and center in the next couple of weeks. congressional negotiator democrats and republicans on capitol hill are trying to figure out a way to avoid the second round of across the board spending cuts otherwise known as sequestration. those cuts would harm the push for better economic growth and wage equality. another push from the president, renewed push for higher minimum wage. currently $7.25 an hour. the white house backs the democratic proposal to raise to $10.10 an hour. these are
CNN
Dec 6, 2013 2:00am PST
their heads the past few days how strong the economy is because we are getting good economic news. i want to be clear on that. look at the numbers. below 300,000. i keep putting an asterisk. see that? each of these comes with a little bit of an asterisk. gdp companies ramping up on their inventories and now have to sell them. you still got mortgage rates so low that that has been very good for home buyers but i think you're going to see mortgage rates moving up, john. i think they -- we have seen them moving up 4.46% yesterday we learned was the 30-year fixed mortgage rate. 5% i think next year and seems it could be bad, right? except, except people like circumstances circumstances -- it could be a good thing and loosen up the market. >> what is your expectation for the jobs report today? 180,000 and comes out this morning. the jobs rate probably fell 7.2% and this is an important number. the economy looks like it's getting better, john. we want to see this trend continue. are we turning a corner? and does that mean the stock market stops rallying? >> big decisive jobs report and no one c
NBC
Dec 6, 2013 6:00am PST
, good news here are the numbers. the american economy gained 203,000 jobs last month, that brings the unemployment rate way down to from 7.3% to 7%. that's a five-year low. >> now to the death of nelson mandela. a man who changed the world. this morning many south african are gathering outside mandela's home placing candles and signs. some even dancing to celebrate the life of a man many call the father of their nation. earlier this morning the announcement that the funeral will be december 15. danielle leigh joins us live with details about the rebound branss pouring in. good morning. >> reporter: good morning. as you mentioned to many nelson mandela was known as madiba, meaning father. he was also a father to the fight for equality and today that legacy lives on. ♪ in south africa the country is celebrating the man who led them to freedom from apartheid. today there are tears, songs and mementos as they bid nelson mandela farewell. man many called father taught him about perseverance. >> we lost one of the most influential, courageous, and profoundly good human beings that any
CBS
Dec 4, 2013 6:00am PST
on the economy. adp says it was a gain of 215,000 jobs in november. that was about 30,000 more than what was expected. adp also hiked its october number considerably higher. that bodes well for the jobs report that comes out on friday. if we see a conversation that we saw in october that could finally push the reserve into tapering its monthly bond purchases. it meets later this month. that's the been speculation that's been going on for months now. looking for better signs in the economy we are starting to see that happen. that's leading to selling on wall street. couple of companies that did well yesterday despite some selling were apple and tesla. tesla shares shot higher by 16% after german regulators cleared any manufacturing defects from those model s fires and apple shares went up about 2.5% on reports it's struck a deal with china mobile the biggest wireless carrier in china. the numbers are pulling back today. let's look at the big board. right now the dow is lower by 43 points. nasdaq is down by about 8. s&p falling by 6. and tesla shares are down 3%. apple down by .5%. back to
CBS
Dec 4, 2013 6:00pm PST
an economy are blooming for people with access to greater education, more experience in high-tech industry, and not necessarily people who are in our neighborhoods. >> reporter: gabriel metcalf of the san francisco planning and research association understands the apprehension. >> people are really afraid especially renters like me if you lose your apartment, you have to move out of the city most likely. >> reporter: speaking of moving, a just released mayoral task force report estimates the city will need to spend $10 billion on roadways and transportation just to keep pace with the growth. >> we are going to be in for a world of hurt if we don't start aggressively investing in transit. >> reporter: are we looking at gridlock? >> yes. i'm already seeing it. >> on muni now, it has $2.2 billion in unfunded deferred maintenance. >> reporter: the building goes on and on and on with the next big project being the planned warriors arena on the waterfront which is enjoying a growing support despite critic charges that it's too big and will be a traffic nightmare. according to a new kpix 5/surv
CBS
Dec 3, 2013 12:00pm PST
in any startup, any launch of a project this big that has an impact on one sixth of our economy, whatever comes up we're going to just fix it. >> the white house expects a big traffic surge to the website in a few weeks. and that's when consumers will probably rush to get insurance coverage by january 1st. >>> we're seeing startling new images of a wrecked commuter train in new york city as the engineer reveals new details about the deadly crash. >> a warning for tourists on the island of maui. the troubling trend that has wildlife officials so concerned. ,,,,,,,,,,,,,,,, boston that gutted a five s building overnight. within >>> it took more than a dozen fire engines to battle a raging fire in boston that gutted a five-story building overnight. within minutes, flames were shooting out of control blowing out several windows. according to officials, janitors were inside when the fire started. they were able to evacuate safely through a back door. no one was injured. >>> autopsies are scheduled today on actor paul walker and his business partner, who both died in a fiery crash. this is spe
CBS
Dec 6, 2013 4:00am PST
program. the economy has added an average of 202,000 jobs a month from august to october. the unemployment level stands at 7.3%. indications that the fed may cut back its economic stimulus sent stocks lower on wall street. the dow jones industrial average lost 68 points, its fifth straight day of decline. the nasdaq fell 4 points. asian markets were cautious ahead of the u.s. jobs report. tokyo's nikkei gained nearly 1% and hong kong's hang seng added a fraction. >>> general motors is pulling most of its chevrolet brand from europe. most chevy sales in europe will end by the beginning of 2016. gm says it will concentrate its european sales efforts on its german made opal brand. they'll offer the corvette throughout europe. >>> and fast food workers demonstrated for higher wages yesterday. protests and work stoppages were held across the country. the effort to raise the minimum wage to $16 an hour began about a year ago led by the service employees international union. >>> and when a tennessee couple ordered breakfast at mcdonald's, drive-through, they got bucks instead. greg and stacy terr
KRON
Dec 3, 2013 6:00am PST
+ point yesterday. watching wall street with our financial expert black. people say if the economy is doing better the federal government will start tapering its bond buying. >>: housing numbers have been pretty good. we will take a look at those tomorrow. trucks and all those great. chrysler reported about 16 billion run away per year. that is a number we never thought we would get back to. so that's the story. the market is expanding. a little fear of the fence. we still know this company like this company. i think the bull market has another year plus to go to get twice earnings. i think we have another year but i think we're going to see some consolidation between now and then. >>mark: are is it the thought that we will get a slow rise in interest rates rather than a big jump. >>: yes and no. it's fascinating to look at. for the average person they are probably bored out of their mind bridge the average person at home the federal reserve has lowered the overnight lending to zero. the treasury bonds has proved up to 25262728 but the overnight is still almost as 0%. until we get
CBS
Dec 6, 2013 4:30am EST
stimulus of the economy. it's been its longest losing streak since september but the markets are waiting on today's jobs report due out at 8:30. checking the numbers for you the dow dropped 68 points closing at 15,821. the s&p 500 was down by almost 8 points. the nasdaq was off by about 5. >>> microsoft says it will beep you security to pre-- beef up security to prevent government snooping. the agency was intercepting traffic. microsoft fears the nsa may have broken into their global communication links as well. "the shington post" reports that microsoft plans to encrypt the data flowing through all of its communication, productivity and other scheses. google andrea -- services. google and yahoo plan to do the same thing. >>> attending college is not getting any cheaper. according to a new report by the institute for college access and success, itself average debt for the -- average debt for the class of 2012 is more than $29,000. that sup 10% from the year before and it's worse around our neck of the woods. the report says students in the east and midwest tend to borrow much more than i
Al Jazeera America
Dec 4, 2013 12:00am EST
... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america >> you walk into a convenience store you should expect to be recorded by aut a security came camera. but the fbi have revealed that people at at one market have been preyed on for years one person was searched and jailed for six times for tresspassing on the property. >> this is the first arrest of earl sampson caught on video by his boss. it was the summer of 2012. the 28 gerald wa 28-year-old wag soda. you can see a police officer come inside and arrest sampson at the store. politthe police call it a hot s. they don't buy that sampson was an e
Al Jazeera America
Dec 4, 2013 4:00am EST
policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america determining using some sort of subjective interpretation of their policy as to whether or not your particular report was actually abusive, because if it doesn't contain language that specifically threatens you directly or is targeted towards you specifically, they may not consider it abuse. they may consider it offensive. and in that case they just recommend that you block that person. >> i don't want to minimise this, because i mean, there's some really horrible things that are on line, and it's not - it's not just twitter, what has happened through social media and the anonymity of the net is that you see websites, h
NBC
Dec 6, 2013 5:00am PST
but found no sign of the plane or family. >> the november jobs report just in. the american economy gathered 2003 thousand shaps. 2003 thousand jobs. the new rate at 7%, that's enormous drop and a 5-year low on the unemployment rate. it's a spectacular number. 203 thou sand jobs in off. happening now, a statewide amber alert after a teenager was taken in washington state. bob redell is live. authorities think she may be headed to mexico. >> that's what her family called law enforcement. they believe she is with her new boymt and that the pair may be traveling through california possibly the bay area on the way south of the border. there is who law enforcement want you to be on the lookout for. we should have a photo. 19-year-old eduardo flores rosales and romero, captured about which a surveillance camera around 2:30. you could see her walking in from the left. goes across the parking lot, then gets sbo that parked suv on the right. that's the vehicle chp wants you on the lookout 4. it's a 2001-2003, green ford escape with a roof rack. there is no license plate. they have not lit up the high
CBS
Dec 2, 2013 6:00pm PST
like big items like cars or art, when it comes not fluctuating economy of california you never know when a simple cyber monday purchase could come back to haunt you. >> of course, there have been moments where they kind of needed every dime they could get. >> reporter: earlier this year, the senate passed a marketplace fairness act which would require retailers with over a million a year in sales to collect state tax but the bill is stalled in congress. and it's being rewritten. >> what do you do if you go to a site and there is no place for sales tax? in other words, you can't add it on there. they don't charge sales tax. >> reporter: a lot of companies especially smaller companies aren't required to collect this at the point of sale so you actually have to keep the receipt and when you pay your income taxes you have to say -- [ laughter ] >> -- i purchased this. >> i'm going to turn myself in? >> and pay this. >> if you don't, the state could come back and force you to pay retroactively charge you penalties. right now, it's probably only going to happen on big ticket items but yo
KOFY
Dec 2, 2013 7:00pm PST
's as the economy improves, there's still so manpeople out there suffering. >>> it is gog to be cold. let's get the latestor u. >> spenc christian is tracking it. spencer? >>> yes, the cold snap will make us quickly forget about the mild spell we just had. live doppler 7 h.d. up north, a shrinking area of light rain. it was a much wider area earlier moving south of eureka toward mend cito county and the bay area. not the possibility of showers we're concerned about but thea, rival of very cold air. a freeze watch is in effect for tuesday night, tomorrow into wednesday morning for the north bay, the strait and lta. subfreezing temperatures will be spread all across this area. possle damage to sensitive plant and exposedpipes. now the following morning or night, wednesday into thursday morning, the freeze watch expands to virtually all of the bay area with the exception of safrancisco. it will be even colder with still freezing temperatures spreadg southward. there's an increased risk of hypothermia. as we look liverom the east bay hills camera, here's the projected morning low temperatures for t
FOX
Dec 4, 2013 7:00am PST
. >>> 7:45. happening today at the white house, president obama will talk about the economy this morning. he will focus on the income gap between the rich and the poor. he will say that income in equality and shrinking economic mobility are a fundamental threat to the american dream. he will also call for increasing the minimum wage. he's due to speak at 8:15 this morning. ktvu will provide coverage of his remarks right here on "mornings on 2." >>> about 1.3 million unemployed americans could lose federal jobless benefits starting january 1st. emergency jobless benefits for long-term unemployed people are due to expire at the end of the year unless congress appears to extend it. that doesn't seem likely right now, especially since many republicans are against it. the federal unemployment insurance kicks in for laid-off workers who use up the standard six months of state-funded compensation. >>> 7:46. it looks like human error could be to blame for last sunday's deadly train derailment in new york. a rail workers' union says the engineer, william rockefeller, admitted to losing focus and
FOX News
Dec 5, 2013 2:00pm PST
simple and so profound. what an astounding order. we speak around here of economy of words while conveying every utter ens in the way using as few words as possible. i've never seen anybody better at it. >> i had the opportunity after we left the white house to spend time in south africa, travel around the country and do volunteer work as well. the hiv aids in the country amongst other things in the country that's poor and struggling was helped by mandela. economic freedom was important so that you can then have property rights like anybody else. they've got a long way to go in the country. they've been benefitted economically. he was thinking ahead about how to help his people. >> last saturday two of my friends were married. this friday they're taking their honeymoon to south africa. my good friends julie and drew are about to be part of one of the great events of our lifetime. with us now, william cohen former secretary of defense. he met with mandela in his loam in the year 2000. your thoughts. >> great to be with you. it's a sad day but one of great warmth as well as the wor
ABC
Dec 2, 2013 6:00pm PST
according to the most recent homeless survey. keep in mind, that's as the economy improves, there's still so many people out there suffering. >>> it is going to be cold. let's get the latest for u. >> spencer christian is tracking it. spencer? >>> yes, the cold snap will make us quickly forget about the mild spell we just had. live doppler 7 h.d. up north, a shrinking area of light rain. it was a much wider area earlier moving south of eureka toward mend cito county and the bay area. not the possibility of showers we're concerned about but thea, rival of very cold air. a freeze watch is in effect for tuesday night, tomorrow into wednesday morning for the north bay, the strait and delta. subfreezing temperatures will be spread all across this area. possible damage to sensitive plant and exposed pipes. now the following morning or night, wednesday into thursday morning, the freeze watch expands to virtually all of the bay area with the exception of san francisco. it will be even colder with still freezing temperatures spreading southward. there's an increased risk of hypothermia. as we look li
CBS
Dec 3, 2013 5:00am PST
on big items like cars or art, when it comes to the fluctuating economy of california, you never know when a simple cyber monday purchase could haunt you. >> there have been moments when they needed every dime they could get. >> reporter: julie watts, kpix 5. >> earlier this year, the u.s. senate passed the marketplace fairness act. it would require retailers with over a million dollars in sales to collect state tax but the bill is stalled in congress. >>> coming up at 5:19, how low will they go? a look at whether gas prices are still dropping now that thanksgiving is over. >>> and i'm dennis o'donnell. coming up, the 49ers look to gain some ground in the nfc west and the a's add some pitching to the roster in a big, bi shake-up. we'll tell you who is coming and going. >> what's cool about your school? email your nomination to us at coolschools@kpix.com. we may come and feature your school on the show. ,,,,,,,,,,,, >>> cold front sliding into the bay area. a major change in the weather coming our way. get ready for freezing temperatures. we'll talk about that coming up. >> and it's a
CBS
Dec 4, 2013 5:00am PST
sign of a recovering economy. thanks, wendy gillette of cbsmoneywatch.com. >>> 5:40. hot for the holidays this year, fitness trackers and one special function gives you a boost to burn more calories. >> beer drinkers versus wine drinkers. when it comes down to it, who is the smartest? >> and still ahead, think twice before you complain to your airline. how your quibbles could cost you your frequent flyer status. ,, ,,,, ,,,,,,,, [ male announcer ] some things are simply better at home. like the enticing aroma and distinctive taste of nespresso. elegant capsules meet masterfully crafted machines, and one touch creates the perfect coffee, cappuccino, and latte. ♪ tempt all your senses with one extraordinary coffee. [ penélope cruz ] nespresso. what else? [ male announcer ] discover the world of nespresso on grant avenue and nespresso-us.com. number of retailers are offg customers a wa >>> the holiday shopping season is now in full swing. and a growing number of retailers is offering customers a way to buy big ticket items that's generating some controversy. kpix 5's juli
Al Jazeera America
Dec 3, 2013 6:00am EST
dangerous materials from entering occupied territory and the six mile restrictions hurt the economy and al jazeera's nick has more from jerusalem. >> six years israel controlled the seas and today activists wanted to take them back and living in gaza cannot go six miles from the coast and war ships block everything going in and going out and they say that strangled the economy and so they challenge the blockade and going straight for israeli ships and aware of the risk and they arrested and they attacked for sailing more than six miles out. >> we are armed with international law and they saying this is our sea, this is our land, this is our sky, you shouldn't be here. >> reporter: by challenging the blockade israel may stop or attack them but with two thirds of the people in gaza living on $6 a day they have nothing to loose and it's about security and fired rockets from gaza into israel and israel said to prevent it it most block cement that have been used in attacks. and for palestinians this is about their livelihood in an area where raw sewage runs through the streets and power cuts a
NBC
Dec 6, 2013 7:00am PST
.3% from the month before. the economy added 203,000 new jobs. >>> encouraging news about the pilot whales stranded in shallow water in the florida evergrades. officials say most of the whales, at least 35 of them, were able to swim into deeper water on thursday. officials are now tracking them from boats and from the air. good news there. >>> well, prosecutors have decided not to bring charges against heisman trophy favorite jameis winston. the florida state quarterback had been accused of sexual assault, but officials announced they didn't have enough evidence to pursue charges. winston is the acc player of the year. the number one seminoles are one win away from the bcs championship game. >>> moments thursday for passengers on a plane trying to land in high winds. take a look at what happened in birmingham, england. an emirates plane almost came in sideways. he circled around and tried again and then had to divert to another airport. this is due to winds there. it eventually did thankfully land safely but horrifying. >>> it's 7:18. that video is unbelievable. >> you feel that if you're
CSPAN
Dec 3, 2013 12:00am EST
are far behind. that will have a long-term .mpact on the economy this believe that we have to get out of opportunity sharing into success sharing that has driven much of what i talk about on education. if you start to think about that, it changes your whole view of education. situation with a one of the largest achievement gaps along racial lines. that is the reality in connecticut. we have high highs and very low lows. needed to do something about that. we need to hold ourselves accountable for what we are doing. by the political leaders -- i have to say that i am envious of teachers. , the ability to impact isng people and the families this unbelievable gift that many have accepted as their calling. none of us are perfect, the reality is the state of connecticut is filled with teachers working very hard to get it right. they are demonstrating a , alingness to change beingental change embraced in the state of connecticut. we have to realize that teachers need the resources to be ready to do what they have to do. we are asking a lot more of them and it is one of the reasons why in the
KRON
Dec 3, 2013 7:00am PST
ratings are higher on the economy and foreign policy. overall, 55 percent of those surveyed still have a favorable view of the >> we have a cold front that has passed through the bay area. we have colder weather on the way. i will talk about the freeze watch the set to go into affect. align welcome back. the time is 8 2:00 p.m. 8:14 a.m.. and the lastest on the accident and death of fast and furious star paul walker. the los angeles county sheriff's office says there is no evidence of a second vehicle linked to the accident that killed the actor over the weekend. here's surveillance video of saturday's crash, courtesy of o-m-g insider. authorities say walker, and driver roger rodas, were killed immediately in the fiery crash. jim torp, a friend of walker, was among the witnesses and describes what happened leading up to the crash. >> the sad thing is set that went out for a drive for a couple of minutes. there are so many speculations about a drag racing and that never happens. when they passed me there were no cars next to them, in some of them, or behind them. there were by themselv
KRON
Dec 6, 2013 5:00pm PST
and joined the labor force. the u-s economy added more than 200-thousand jobs in november. gains of 183 thousand jobs. analysts say the strongest sectors are transportation, warehousing, health care and manufacturing. this is encouraging news for the 11 million americans who are still unemployed. >> another week is ending without a deal on the federal budget. and the party leaders who have been overseeing the talks have left washington d.c. for the weekend. meaning it will be at least next week before an agreement can be reached. if a budget committee can't reach a deal by friday the 13th -- another budget showdown is expected. >> a police officer in new mexico has now been suspended for shooting at a mini-van with children inside. laura toe-rein has the latest. >> the cops said this she was not cooperative and when she started to drive away they stated that the officer opened fire. because of this he is temporarily off of the job. we asked them why it took them over a month to see that this officer needs to be suspended. a spokesperson stated that he had no comment. a lot of people hav
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